ABG Sundal Total Risk Alpha

ABG Stock  NOK 7.95  0.03  0.38%   
The Total Risk Alpha profile for ABG Sundal Collier is based on historical price and volume observations. The dataset is based on observed market activity where data is available. ABG Sundal has a market cap of 3.29 B, operating margin of 22.7%, ROE of 24.96%. Portfolio-level context is available through Trending Equities. This includes a position in ABG Sundal Collier. Portfolio construction methods define how positions are sized. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
ABG Sundal Collier has current Total Risk Alpha of 0.0689. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0689
ER[a] = Expected return on investing in ABG Sundal
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ABG Sundal
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

ABG Sundal Collier is rated below average for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost 66.82 per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare ABG Sundal to Peers

Other Technical Indicators